Arsenal did well in both the Premier League and the property league.Getty

The "Property Premier League" table — which measures the average value of each location with a football team in the Premiership last season — was announced by property search engine Zoopla.

Perhaps unsurprisingly, London teams topped the list in average home prices, although things became more interesting when average value changes were taken into account.

Northern teams fared less well, with Merseyside bottom for average prices and Manchester City top for biggest price drops.

Lawrence Hall, spokesperson for Zoopla, said commuter towns came out strong:

"Leicester might have topped the league in the beautiful game this season, but it’s the booming commuter-belt appeal of Watford that has secured the Hornets the top spot when it comes to increases in property values in recent months. We will have to wait and see whether Leicester’s surprise success this season translates into a property boom over the next twelve months"

19 (joint). Everton — £72,852

We begin in Merseyside — a location Everton FC shares with rival Liverpool — which has the lowest average house price in the Premier League. The club itself has had a tough time recently too, after recently firing manager Roberto Martinez following a poor run of games.

19 (joint). Liverpool — £73,852

The one-time City of Culture has a beloved football team but it also has the joint lowest house price location on the list. While Liverpool FC had a good season in Europe, it sadly couldn't seal the deal with a win in the Europa final.

18. Sunderland — £98,473

Sunderland is just 30 minutes down the road from Newcastle, which might be a bit awkward as the club knocked the "Toon Army" out of the Premier League to finish in 17th place. On the downside, its house prices are dropping like Newcastle's too.

17. Aston Villa — £107,540

Even the club's biggest fans would admit that Aston Villa had a terrible season, with its relegation status confirmed weeks before the league officially ended. Still, at least the Birmingham location's house prices rose — just barely.

16. Manchester City — £111,725

Manchester City had the biggest house price drop on the whole list, by almost 6%. Still, the club did beat its greatest rival Manchester United to fourth place, which means it'll enjoy Champions League action again next season.

14. Swansea — £122,137

The only non-English city on the list, Swansea is a port city on the idyllic south coast of Wales. Apparently there isn't much demand for sailing these days though, as house prices fell almost 2% over the football season.

15. Stoke City — £117,708

It may be situated not far from the beautiful Peak District, but house prices in Stoke-on-Trent plummeted over the football season. At least the team punched above its weight to finish in the top half of the table.

13. West Bromwich — £140,156

Situated just outside of Birmingham, West Bromwich saw a nice rise in average house prices of almost 1%. Less good news is that the club's brewing "civil war" over its new head coach Tony Pulis, who many fans want to see the back of.

12. Newcastle United — £169,867

Reuters/Nigel Roddis

Change over the season: -3.67%

Premiership place: 18

It went down to the wire, but Newcastle United — owned by Sports Direct billionaire Mike Ashley — got relegated. The club's fortunes mirror the northern city's house prices, which fell massively over the year.

11. Manchester United — £196,818

Manchester United just missed out on the Champions League qualification this year, but it is still the richest Premier League club by far. The same can't be said of its M16 postcode though, as its house prices saw a hefty drop since the season began.

10. Norwich City — £201,739

Flickr/Brian Smithson

Change over the season: +0.95%

Premiership place: 19

Try as they might, Norwich couldn't avoid relegation this year. But England's most eastern city has become a property hotspot in recent years thanks to its relative proximity to London and its pretty city centre.

6. Crystal Palace — £309,957

From its hill in South London, Crystal Palace has great views of the city and has become a real commuter spot for young professionals. While its Premier League season was so-so, its property value growth is in good shape.

4. West Ham — £330,056

West Ham capped a great season by playing its final game at its East London Boleyn Stadium (pictured) last week. Next year it'll be at home in Stratford's Olympic Stadium. For now, residents can still enjoy a huge property value boost of almost 3%.

2. Arsenal — £594,294

Arsenal finished second in both the Premier League and the property value table. Highbury has become a very trendy area in the last few years, and house prices there have defied the general slowdown to grow at a healthy rate over the last season.

1. Chelsea — £1,152,137

The Premier League area with the highest average house prices is Chelsea, which seems fitting given how rich the club is. It's not all great news for the West London location, though — luxury properties prices saw a significant slowdown in 2016 which brought the average value down with it.